2012-12-02
2012-12-10
x texas

STATION
MSNBCW 10
CSPAN 8
CNNW 3
CNBC 2
KQED (PBS) 2
SFGTV2 2
KGO (ABC) 1
KPIX (CBS) 1
KRON (MyNetworkTV) 1
KTVU (FOX) 1
WJZ (CBS) 1
LANGUAGE
English 52

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on the fiscal cliff. hear the new proposal from congressman paul ryan and senator mark rubio. >> steve: will he work with the liberal media. president obama extends extra special invites for sit down with liberal gabbers. >> brian: he is one of america's favorite coach. his career almost ended early and fans had no idea. the coach revealed something for the very first time. by the way. "fox and friends" starts now. ♪ ♪ "fox and friends". >> steve: you must be conflicted today. >> brian: in what way? >> steve: we have coach k on and any time we have peitro, the super model who has been a friend of your manies, many years. >> brian: i am looking forward to nick rangon. >> gretchen: you will have to duke me out for it then. >> brian: you start with him in 10 minutes. >> gretchen: you want to trade coach for nick it will coach you. >> brian: and edrolins to be named later. >> gretchen: and i always like rolins. >> brian: pet up with us. she was a young super model. >> gretchen: does she know she was off your list. >> brian: not a world. can we agree as well that is our secret. >> steve: she doe

be no deal at all. i feel like i am playing let's make a deal. remember that show? >> steve: meanwhile fascianista and mentor about to get a major promotion from the president? is she qualified to be a u.s. ambassador and run an embassy? we ask you ladies and gentlemenn of the jury. >> brian: she would be best dressed. fired for being a man. bell ringer was silenced because the girls bring in more christmas cash. is that true? "fox and friends" starts right now. ♪ >> steve: welcome aboard, folks. live from studio e. brian has a lot of friend exercise family members that watch the program. call him throughout the program today, because unbeknowns to you. prian cell phone has fallen through a hole of the jacket pocket and stuck in the lining. >> brian: it dropped through the lining and a secret passage. >> gretchen: give me that coat. >> brian: this is how i function. >> gretchen: somebody get scissors . i can feel the calls coming through. >> brian: there we go. hole in the pocket but i didn't know this big. no, you just. ♪ there is a hole in the pocket. >> brian: i am going to lose

it is a moustachah. what was it a tree falling again. >> brian: you want to hear it again. >> steve: yeah. >> gretchen: it sounds like a horror movie like something up in the attic. >> steve: it is breaking. cliffhanger. i don't know. if the economy falls in the forest and no one is here to hear it is there a sound. yesterday the republicans blame the democrats and the democrats blame the republicans. john had a exclusive with chris wallace. >> brian: chris wallace sat down with jone boehner. >> steve: here is mr. boehner describing the impression at the moment of what tim geithner was trying to sell him. >> i was ghasted and i looked at him and said you can't be serious. i never seen like it we have 7 weeks before election day andepped of the year. three of those weeks are wasted with this nonsense. >> y are talking about roughly. timothy depite gite saying we'll raise taxes 1.6 trillion and washington will increase taxes on capitol gains and we would like to say we like the power to raise the debt ceiling any time we want for the executive branch which is unconstitutional. >> steve: it

going up on the top two percent. >> gretchen: so is it really progress or a stand still. >> steve: meanwhile the reverend behind this nativity scene. live pictures and he has a message from the federal government. merry christmas, government. you are not the real savior. the reverend joins us live this christmas season. >> brian: super storm sandy couldn't wipe out his home but something else did. >> she said to me. are you sure your house is gone. you misplace a pen and pencil but not a house. >> gretchen: how the entire house vanished."fox and friendst now. ♪ ♪ "fox and friends". >> steve: a house is something that is not easy to misplace. if you leave it there, you come back and it is there. >> gretchen: you hope that happens. we'll fill you in on the details. in the meantime what happen in a phone call. a lot can happen, right. you can get in fights and agreements and compromise. hum, i am not so sure that happened in the phone call between speaker of the house john boehner and president of the united states, barack obama. did they come to a conclusion. it is now the presi

's steve sedgwick. good morning. >> very good morning. this is really good news. we expected something along the lines. for so long now americans have not been replacing their cars. the average age of an automobile in the united states is 11 years old. the old is 20% or somewhere in the region of 16 years old. the replacement cycle seems to have started. that led to great news in november topping 15.5 million car sales in the month of november it was 1.14 million cars sold. a little bit of that was the replacement of cars from superstorm sandy. that is really good news there for the auto sector. the markets have been down lately. we had average to poor manufacturing data out of the u.s. in the last 24 hours as well. also keep an eye on the big accounting companies as well. the sec is taking aim at them allegedly haven't handed over the documents that the sec wants to see in relation to chinese companies listing in canada and the united states when those companies listed very often they performed really badly amid accounting issues as well. the sec taking aim at the accountants. >> all

steve jobs was really bringing apple to the forefront -- >> a happening place. >> it is. it's where things happen. that's why we're here, steve rattner. >> washington is the place. with us on set, economic analyst steve rattner. also political editor and white house correspondent for the huffington post, sam stein. andrea mitchell. and in new york, msnbc contributor, mike barnicle. and the co-anchor of "street signs," brian sullivan. we've got a lot to talk about, mike barnicle, but i saw a headline on the front page of "usa today," a tease that is very intriguing, and that is one of the greatest players in major league baseball trying to get his worth right now. and if i were a major league team, i would pass on josh hamilton in a new york second because the guy phoned it in when his team needed him the most. there's an attitude problem. and yet he could be such a huge payoff. are the red sox looking at josh hamilton? >> i think any team that's looking at hamilton is looking at no longer than three years with him because of the things you just mentioned. >> he, of course, had an ad

this year in 2012. they did that today. amazing. joining us is steve clemmons. he writes at the washington note and atlantic magazine. steve is also a former policy adviser for new mexico senator jeff bingaman. thank you for being here. >> great to be with you rachel. >> am i being naive to think this was going to pass? >> a lot of people thought it was going to pass. of all the treaties, this would be the easiest to pass. there were other treaties pending. this is about people in need and it didn't. this is a branch of the gop that did you want represent all republicans, but it's the obnoxious nationalist wing that really resents any international deal making. there's a lot of worry not just about people with disabilities, but all the other treaties that position the united states and show that it can be the primary sculptor of global affairs, and we're defecting from that as of today's vote. >> so 126 countries ratifying this, but us, not ratifying it. particularly when it's modeled on our law. that takes us out of a global leadership role? >> it leaves a void that the united states is w

team. perhaps if you could message is brian wilson. >> college troops. as we speak, steve lavlin... this bay area native. could highlights, and some good highlights. and steve's wife is pretty young. and what is wrong with that? with five minutes left, 66-58. what is a nice is that he is able to return home. he was a coach at ucla, he worked on espn and he is now back with a st. john's. we will have that more at 11:00 p.m. >> the raiders have been without their coach. we are talking about and dennis allen whose father passed away today in texas. cree texasgrady.... allen was a professional player in the 1960's and introduced his son into football. and dennis allen is the head coach of the oakland raiders. this statement released that they are very sad that the coach released. he will be back on thursday for the denver game. they will extend their sincere condolences for the entire family. a quick turn around. sunday-thursday, patent manning and the denver broncos at the oakland coliseum. >> the 49ers could give a shot to the no. 2 draft shot. look at frank. he has had shoulder pr

. we'll hear from both of them. >> a mom and a woman in an accident. >>> and ashton kutcher has steve jobs. we have the first official picture from the set of the much anticipated movie. take a look at it right there. they look-alike, don't they? when you put those pictures side by side it's pretty amazing. we'll have the full story coming up. welcome back to "early start." i'm zoraida sambolin. >> and i'm christine romans in for john berman. there are new faces of the republican party, florida senator marco rubio and congressman paul ryan of wisconsin appearing together last night at the jack kemp foundation awards dinner in washington, trying to rebrand themselves and their party after a bruising setback in november. cnn political editor paul steinhauser live from washington this morning. paul ryan got hammered during the election. is he dialing back the rhetoric now? >> this was ryan's first speech since the election. both he and rubio seemed to be talking about how the republican party needs to be a party that's more inclusive, helping those in the lower associatio economic levels

. one of the things that steve has worked on a great deal, and i do not want to take away his thunder, a look at how americans will stay competitive -- if we look at how america will stay competitive -- i hear your phone -- [laughter] the question of whether or not a merkel be able to compete, whether we will be able to make investments, are we -- are we going to be able to have the kind of innovation that creates jobs? north of 80% of the net new jobs made in america in the last 20 years have come from start-ups. where had the talent come from? disproportionately from a first generation americans. we are very lucky particularly in northern virginia, which rivals only the silicon valley in terms of the number of tech- related startups, you look a little deeper, and a 1 1/3 of the tech startups in northern virginia had one of the co- founders or founders as a first generation american. the numbers in the valley are even higher. how do we maintain that? one is talent. i will come back to that in a moment. another piece of this which we think is very complementary and something that stev

today, and what is next is the big question. steve harrigan is streaming live from cairo with more. steve. >> reporter: we are ten days away from a admonition thal vote, a vote on the new draft constitution. we are seeing both sides really jocking for position and trying to demonstrate what power they have by the numbers of people they can bring out into the streets. yesterday for the first time last night we saw the opposition protestors, people who want to drive president morsi from office really go on the offensive. they marched through the presidential palace. they broke through steel gates and barbed wire, they painted graffiti on the walls of the compound. they did not try to over take those walls go into the compound itself where of course there are heavily armed guards. police continued to retreat throughout the demonstration last night and even though it seemed like there was chaos on the streets there were no reports of any serious injuries during that process, so both sides still showing some restraint. the latest reports from the scene say large-scale protests from supp

's time to play "family feud." give it up for steve harvey! [captioning made possible by fremantle media] steve: what's up? how y'all doing today? thank y'all for coming. hey, welcome to "family feud," everybody. i'm your man, steve harvey, and we got a good one for you today. returning for their second day, from chicago, illinois, it's the halloran

-packard or steve jobs. the seats we plant brings the vast forests of new products and new technologies and new patents in the future. that is where we have to -- we have to keep our eye on the main thought here. that is the discipline, the imagination, and the investment. that is what makes california -- that is why people are still coming here. they're not staying in colorado, i am sorry to say. they're right here. [applause] >> just briefly, setting aside plunder for a moment. >> i am sorry about plunder. it is a big part of wealth creation. >> could you talk briefly about your turn initiative? >> it is going well. mike rossi is leading the charge. i have met with what i think will be the next president of china. we have delegations from china to come here. we're sending delegations there. this is not just business as usual. we're getting detailed committees and proposals, a couple of the key states. we want good coming this way. we want good going out way. -- goods coming this way and we want goods going out that way. >> are you doing anything like that? >> we have been working on the north

the news wires. what we heard earlier from steve harrigan there is a situation developing outside the presidential palace. what the news wires are telling us is that some of the protestors that are protesting president mor morsi have broken through the police lines near the presidential palace and they are being met by teargas and opposition from the police. why the situation is one that we are continuing to watch so closely is whether or not the people in the streets, the demonstrations reach a level of violence, because the big question for the egyptian government is what is next here? if the people continue to protest the constitution put in place by the president, that may or may not be ratified in a few weeks, what is next for this country? so we'll continue to watch the developments out of cairo, egypt today, bring you updates as we get them. jon: the blue angels navy stunt flying seem seems to be channeling santa claus you might say using one of its cargo planes to fly donated toys out to the many families still reeling from the devastation of super storm sandy. jonathan se

and forth there are signing of a compromise. steve centanni is live in washington. are the two sides any closer together? >> reporter: there are two important signs today. speaker, house speaker john boehner met with president obama at the. we don't know how long they met or exactly what they talked about, but the white house says lines of communication are open and face-to-face meeting is on important. at the same time republicans say they will accept the demands for higher taxes on the wealthy if it goes along with spending cuts entitlements like medicare and social security. listen.... >> a lot of people are putting forth a theory. i think it has merit where you give the president 2% increase he is talking about on the top 2 percent. i am beginning to believe that is the best route for us to take. >> reporter: many other republicans, of course, standing firm against any tax increase. they could give the speaker a hard time if he tries to pass the kind of legislation corker was talking about there. >> and how are the democrats reacting to accept the higher tax rates? >> reporter: they

't it? her father u.s. army captain steve oak walked through the door. his arrival was three days ahead of schedule.

me at the table is westin solutions, inc a company doi doing. steve coll and president of the new american foundation and a staff writer at the new yorker magazine. francis bernanke and dan dicker is it still at the table. i'm really curious about how this boom is going to transform american politics. i'm particularly concerned about climate, right? it seems to me that we are basically in certain ways headed in exactly the wrong direction, but also at the same time headed in the right direction. here's what i mean by that. k carbon emissions are the lowest in the country since 1992. that's largely because every btu of natural gas you substitute for coal, you get 50% of the emissions. at the same time we have this foss fill fuel boom, we have this decline in the carbon emissions. i wonder how should i feel from an environmental perspective about these two facts that seem to be in deep tension with each other? >> i think the main thing, chris, is we have to get on a path way to reduce emissions over time. natural gas is better than coal, but it does not get you there. you have to ha

, the clock is ticking. >> it is, we're watching, steve. thank you very much. >>> much of the conversation in washington regarding the fiscal cliff is focused on tax rates or how the federal government can bring in more revenue from you. what about the other side of the equation? cutting back on spending and borrowing. steve moore joins us to talk about that and separate fact from fiction when it comes to the numbers. >> thank you for asking that question about the spending side of the ledger. the laos two or three weeks the discussion has been about raising taxes and no discussion about reducing the amount -- the outgo. >> let's start there. if we stopped overspending, what would it take for the government to get lined up, to get rid of the debt and deficit. >> we've dug ourselves into a deep hole. when i came to washington we talked about the budget, deficit in the billions, now in the trillions of dollars. part of the problem is the numbers are large but it's a million, million dollars. the debt is $6 trillion and we're borrowing $1.1 trillion a year. the problem the president faces, ev

with former obama economic at visor steve rattner. >> there has to be a compromise, $16 trillion deficit, you're not going to solve all that with tax increases or discretionary cuts. we can talk about how we do it -- >> get specific, steve, because when you start talking about fixing the entitlement program, we're clear, social security is off the table. >> we're not clear. no. >> no. what secretary geithner has said on a separate process. >> eric, we've talked to some degree about the back and forth within the republican party on this deal but haven't spent as much time on what's happening on the left in terms of what the democrats will stomach in terms of entitlement reform if any at all. do you think there is a wing of the party that believes that this process can happen without reform on entitlements? >> no. i don't think anybody who's seriously in the game thinks that. i think the question is, how much do you have to give up, is it reasonable? what are you getting in return as michael said on the other side in terms of tax revenues. so, you know, i think there is a consensus that there h

steele is former chair of the republican national committee and an msnbc political analyst and steve mcmahon's a democratic strategist. michael, you're on the republican side and what do you think of that? the argument made by brooks which is more sophisticated. make your deal now while you can get something for it because after january 1st you will just be saving your rear end. >> i think he's absolutely right. i think part of that deal should include giving the president what everybody in this town agrees on and that is those middle tax cuts for the middle class out of the bush tax cuts. set that aside because everyone agrees we're not going to go after those. then it gives you some time and some room to really negotiate down on that -- what that -- >> we have to do all that by january 1st. >> and it can be done. chris, this is not rocket science. that piece is very easy to -- >> but once you do that, why don't you admit you're not -- you're going to let the top rates go back to 39.6%. >> you can do that but this is the kicker. the republicans want to see that they're actually going t

: many of mf global's customers were from main street. >> how are you doing? >> narrator: steve meyers used mf global to trade futures on behalf of scores of farmers and ranchers in the midwest. >> adm does most things... >> many people cleared through mf global because they were the world's largest. so it gives you some comfort in the fact that you're always going to have that liquidity, you're dealing with somebody that's everywhere in the world. >> narrator: but when corzine took over mf global, the firm was in deep trouble. revenue from commissions wasn't covering expenses. the firm was losing money. >> when corzine first came in, the ratings agencies told him, "look, you stepped into a firm that has a lot of problems. so you don't have unlimited time. the ratings on this firm are fairly low for a firm in its business and the bias is to move them lower." and so that put more pressure on corzine than he would have otherwise faced. >> we're transforming from sort of an old-line brokerage firm into an investment bank. >> narrator: corzine set about cutting costs and replacing old-line

, come from two billionaire-backed nonprofits. >> jennifer:66%. >> steve schwartzman steve bechtel. these are guys worth billions that don't want to pay a penny more in taxes and they have the money to help retaliate against republicans who break the pledge. historically, they have funded primary challenges, ads to push the republicans to the far right on this issue. >> jennifer: okay so americans for tax reform has a pac and that's what they give to. those two billionaires. >> trade association technically but it operates as a pac because they buy ads and do a lot of the electioneering stuff that a pac would do. >> jennifer: while he's raising money from his allies, from these two donors and others, i'm sure. 66% tells you. he's also essentially lobbying for tax breaks for entities like general electric. >> that's right. you know, everyone talks about the first part of the norquist pledge, not to raise the tax rates but the second half of it is basically a promise not to cut tax credits which as you know, m

." not♪ ♪ [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ ♪ >> greg: last week, i went on a tour to promote my book "the joy of hate" which took me from florida, to alabama, and georgia. to tennessee. some call this the south with sarcasm. a buddy of mine gave me flick "deliverance" to watch as a joke. but i freaked out, large crowds with mom for daughters and sons for dads. dads for daughters. so many brought food from pumpkin bread to moonshine. that nearly killed me. more unicorns to shake a horn at. each place i went fan of the five turned on by a parent or their child. this was shared activity, the "the five," "red eye requests ants fnc, key place for families to comm

] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ ♪ [ male announcer ] while you're getting ready for the holidays, we're getting ready for you. tis the season. for food, for family, and now, something extra -- for you. ♪ ♪ >> bob: the most wonderful time of the year in more ways than one. last night was one of the great days that happens in america every year. the annual victoria secret fashion show. roll the tape. ♪ ♪ ♪ ♪ ♪ ♪ >> bob: okay. now among other things they had, they showed a $2.5 million bra. the diamond studded one. you ever want to wear one of those? >> kimberly: i got one of those. came with a free tote bag. >> bob: did it? >> kimberly: no. >> bob: maybe fashion conscious, w

. we won in montana with steve bullock. he was a real leader, a real job creator, he is going to do great things in montana. we won in washington state with jay insl e! news who has been focused on economic development. we won there in a tight race. we come into this with a temperaturic organization that is well organized and can win even when we have have less friends than our other side. having said that, in 2014, we're looking a huge number of races. there are 34 races. so 2014 is going to be a huge year. . we have an exintruder candidate. he started his own business when he was 14 years old. now running against a right-wing tea party candidate attorney general there who literally said when asked do you align yourself with the tea party, he said i don't just align myself with the tea party i am a tea party groupie. it was rejected and we have high hopes for terry in virginia and we're going to help him. in new jersey it is no question that governor christie is popular. there are a lot of candidates, strong candidates in nrge and we're going to work with all of them to come out to

reportedly had no carbon monoxide detectors located inside. steve osunsami has the story. >> reporter: it was a shocking scene, played out on live television. >> i saw kids passing out. i saw them shivering. i saw some kids just moving around like they were dizzy. >> reporter: dozens of children at this atlanta grade school monday, falling out from high levels of carbon monoxide poisoning. needs gas masks to breathe. being wheeled out on stretchers. >> fainting, dizziness, headache and nausea were the four symptoms. >> reporter: firefighters were carrying sick children. >> there's kids laying on the floor. at least three. and the teacher are saying, this town needs help. >> reporter: 500 children were forced to leave the building. at least 43 sent to hospitals. angry parents stormed the school, desperate to find their kids. >> you transported them without our permission. and you won't give them to us? you're out of your mind. >> reporter: luckily, no one was seriously hurt. and investigators traced the problem to a leaky valve on the school's furnace. this morning, that has parents as

is the brother of our , cocontributor steve hayes, fox news and "weekly standard," figured out somebody has to capture the memories. honor flight is a great program started by joe dean, ibm executive. he heard about this and what they do is go to a city like chicago and they will find as many world warii veterans as they can and do an all expense trip, day trip to d.c. and they come and get to come and see the memorial. a lot of people can volunteer to do it. i am so excited. i have been waiting for the movie for two years. bob, you have seen the veterans in washington as well. >> bob: first, disappointed about taking so long to get the world war ii monument up. it was a big debate going on. i don't know why. it's such a beautiful thing first of all to see it. to see the guys coming. let's remember now, i don't think anybody is a world war ii veteran is less than 80 years old. if you think about it, if you were 16, 17 in 1941. so we are losing these people at a rapid rate. thought they could finally come and see the honor that they deserve is just remarkable. the honor flight idea was a ter

to see you. also steve liesman is here with us on set this morning, but, j.j., why don't we start things off with you and talk a little bit about what's happening, what you see with some of this movements in and out of the headlines around the fiscal cliff. it's not adding up to a lot of volatility even though we've seen swings with the major averages. >> it's almost to the point maybe we should get the nhl guys and the government in at the same time and solve both on the same day. but, you know, really, beck, it's kind of interesting right now, you look at the s&ps, they're not moving much. there are things to trade. gold is down almost 10%. and you touched on the stocks which i think gave the market quite a bit of hope in toll brothers. you talked about the backlog orders and orders coming up. the amazing part is the orders are up 70% going forward. so, we are seeing a lot of positive signs in the economy. it's almost like, you know, talking to so many of the other traders, everyone is saying i wish the government would get out of the way almost and get this thing solved and get on the

to be able to compete around the world. >> and then larry, later in the afternoon, our steve leishman sat down with treasury secretary tim geithner. geithner in that interview late in the afternoon made it clear that this is brinksmanship of the highest order. >> i want to understand the administration's position when it comes to raising taxes on the wealthy. those making more than $250,000. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect for an agreement that doesn't involve those rates going up on the top 2% of the wealthy. it's only 2%. >> reporter: of course, up on capitol hill, republicans don't necessarily agree with that. speaker of the house john boehner said today that he is still waiting for a counterproposal now from the president of the united states. and we learned late this afternoon that in fact speaker boehner and president obama had a phone call today. we don't know, however, what was said in that call. but reports are that some progress is being made in these negotiations. at least co

for joining us this morning. i want to start with weather and traffic. weather rosemary orozco is in for steve. >> fair weather in the forecast. lasting through the weekend. hopefully that brings a smile to your face. tgif to you. we're off to a chilly start this morning. mostly sunny skies for the afternoon. temperatures running warm for december and it will be a trend we see for your weekend. i'll have details on this coming up in a moment. good morning, tara. >>> good morning, rosemary. here's a look at traffic through 880. the headlights are southbound as you make your way toward the hayward area. up next we have a look at the east shore freeway. the headlights you see are folks heading westbound on to the mccarthur maze and to the bay bridge toll plaza where we are starting to see backup. i'll have an update in a couple minutes. let's head back to the desk. >>> we begin with our developing story out of japan. there was another 5.0 aftershock just about an hour ago. the main earthquake registered a magnitude 7.3. it was off the coast of japan. that is where last years deadly quake and tsun

not even have a democracy here. host: a viewer on twitter says -- steve in florida, an independent caller. caller: good morning. how are you doing? any other way be anre there will agreement. i watched tom yesterday on c- span2. if any family brand their house all the way the u.s. government ran there's, if we could not print money, we would be in a very bad way. i just think we need to get this deficit under control. those two wars that we have not paid for need to be paid for. you know, it has to be done. if going off the fiscal cliff means that it will be done, so be it. host: other groups are weighing in on these fiscal cliff talks. here is "the new york times" -- in the "financial times" this morning -- roger altman writing today in "the financial times." president obama will be meeting with several governors today at the white house to talk about the fiscal cliff. they will be meeting this morning around 10:00 a.m. eastern time, and then the governors are slated to hold a news conference at around 11:30 a.m. eastern time. go to our website for more details. washington insiders tack

of questions. steve brown has more in chicago with this. we heard a little bit of the 911 call before the break. how do those final moments play out at arrowhead stadium earlier on saturday morning? reporter: yes, let's put that into context. kasandra perkins was shot numerous times and fatally wounded by the father of their child. that is jovan belcher, who drove to arrowhead stadium, essentially to talk to two people. that would be head coach and general manager. neither of those two gentlemen have commented on how those final seconds played out. but police officer that was watching did watch those fateful seconds unfold. >> we have two coaches and one other employee here. [inaudible] reporter: in terms of a motive for the shooting, reportedly there was a moment country and argument about kasandra perkins's labor turn from a concert. jenna: in the meantime, what happens with the 3-month-old daughter, little zoey? reporter: in the meantime, family from austin, texas, are helping take care of her. his teammates also decided to set up a fund for zoey. >> we just want her to understand at one poi

. now get 200 free trades when you open an account. >> steve: if you would like more information about petra's great work with happy hearts, go to clinique.com. >> brian: tomorrow, michelle mal con and mike tyson. >> gretchen: see you tomorrow. bill: 9:00 a.m. good morning. egypt's president under siege after 100,000 protest in the streets. here is your update. president maury * is back in the presidential palace after running from tens of thousands protesting outside the protest. hosni mubarak was forced out of this same palace two years ago. it's difficult to say which way this story is going to go. it has huge implications. martha: you see these protesters furious for morsi's power grab and his rushing through a new constitution drafted by his muslim brotherhood allies. many fear if it's adhered to it could turn egypt into an islamic state. bill: how close did the protesters get to the president? >> reporter: the protesters got right to the walls of the presidential compound. it's the first time we saw them move from tahrir square. they broke through the walls protecting the compoun

. absolutely we're with him. we did some of the early background on it. our guy steve groves was writing papers on this weeks and weeks ago. we're also surprised frankly the senate would bring it up in a lame duck session. this is something that needs full and considered -- >> they're going to bring it up again next year. you won't be there. >> they can bring it up and we'll take the same position. >> should there be a compromise in order to avoid going over the fiscal cliff? john boehner's already $800 billion in increased tax revenue, not necessarily raising the marginal tax rate on the wealthy, but capping deductions, limiting loopholes, are you with the speaker of the house on that? >> unfortunately, wolf, the policies of president obama have already taken us over the cliff. if you meet with businesses like i do all the time, they've already paired back plans for next year anticipating what's going to happen. we can fix this christmas eve if we want, but we've already hurt the economy and job growth. >> are you with boehner? >> i'm not with boehner. this government doesn't need anymore mone

on taxes and what not. >> eric: the reality is, we have a spending problem, steve. how much money we're actually taxing, tax revenues are going up. >> they have to. >> eric: it's a spending issue. if we're putting a trillion dollars into the deficit you can't fix that with taxes. >> no, you sure can't. eric, when i first came to washington, which was about 25 years ago, we barely had a trillion dollar budget and here we are, 25 years later and we're closing in on a 4 trillion dollar budget and that under democrats and republicans as well and there haven't been serious cuts in spending in this town in at least 10 or 15 years and i'm kind of frustrated that neither party is really serious about getting these spending programs under control. i mean, we have been-- you look at entitlement programs and president obama and a lot of democrats say we can't cut medicare, social security, medicaid. and that's half the budget there. of course, we're spending 600, 700 billion dollars a year just to pay the interest on the debt. just on the interest. so you don't get any return on that. one last

by american banker and called the next steve jobs. we'll get to the bottom of that. the ceo joins us now. >> thanks for having me. >> since the last time i've seen you you've been on the cover of forbes as innovator of the year. >> i walked by the news stand and you were just getting square underway the last, right before we saw you last time on the show. and the things have changed dramatically. air now being called the innovator of the year and compared to steve jobs for your innovation. tell me how square is changing the face of american business? >> we start with a simple idea which was, you know, my parents were entrepreneurs. they started up local businesses and my father started a pizza restaurants when he was a kid and my mother the coffee store and they face the challenges just starting up. and also accepting patients extremely challenges, so we made it easy for any small business or neighborhood place it instantly accept credit cards by giving them a free credit card reader and accept credit cards for 2.75% and we signed up over 3 million merchants. >> i have to say when i went

a short show because the house is coming in at 9:00. steve in gaithersburg, maryland, a republican caller. caller: host: when did the republican party become the party that restricts poor? i understand the tax cut for the rich is important to some people, but i feel the good thing would be unlimited in of government at the federal level. that has nothing to do with this. that would be more on the spending cuts. host: what do you make of the back a plan being reported by the new york times saying if we cannot come to some sort of deal, we should just passed tax cuts for the middle class americans and then fight later on for spending cuts and increasing taxes for the wealthy? caller: the tax cut for the general population is great. that would be good for stimulating the economy. but the big thing is hit there needs to be a balanced plan. we need more revenue and we need less spending at the federal level. what is good for california is not good for virginia and what's good for virginia is not good for maryland. maybe we need to focus on reducing the federal government overview. been there w

received. bill says -- and biff -- and steve says -- and finally, jim says -- robert, north carolina, the republican line. caller: after this term of four years with the democrats, i don't think she has a chance. i am a business owner. four more years of this, i will be out of business. host: what kind of business do you have? caller: bulldozer's. host: how has business been over the last couple of years? caller: bad. i am barely staying in business. i do not know what to look forward to. i can hardly stay in business. the democrats in this country i think is wanting to kill us. business people, i cannot stand much more of it. host: robert on the republican line. linda is in texas. caller: i am just thrilled with the idea then. the only thing i would be more thrilled about is obama for a third term. host: but that is not constitutional. caller: a good president with a good philosophy for this country. what the role of government is, he is the right person at the right time to get this country hope and unity once again. that man who just got off the phone does not even realize he is v

of the capitol, we can come back and execute the deal. >> joining me now is congressman steve israel of new york. chairman of the democratic national campaign committee. welcome. >> hey, carol. >> you heard your colleague from ohio. he says sometimes negotiations between congress and the white house are "charades" and that members are waiting for signals from the obama administration and people like speaker john boehner and majority leader reid before they go forward. do you see it that way? >> well, look, it's critical that the leaders of both parties and the white house, the house and senate come to an agreement fast. now, we have always said on the democratic side, house democrats have said we want deficit reduction that's big, bold and that is balanced. the president has put forth a variety of ideas and programs. the response consistently from house republicans has been, no, no and no. now they did come up with a proposal finally just two days ago. there are elements in that proposal we should talk about. elements in my view that we shouldn't. the bottom line is this. i'm not so sure that we

, louisiana. caller: good morning, steve and mona. it's time to stop carrying the water for the white house. with the rebels in damascus, isn't it too late? if you try chemical weapons in his own city, it's going to be worse for him, don't you think? host: is referring to a story that is on politico.com in what a lot of reporters are talking about the inauguration. guest: it's important to underscore the likelihood of assaad using chemical weapons may be quite low because it would, in fact, essentially be a suicide mission given the response it would detract from the international community. that being said, given the arsenal he has a and concerns about chaos in the country, it is a contingency that needs to be planned for. that is why i think we are seeing what we are. president obama's statement, and others after him, were motivated by u.s. intelligence reporting that suggested there was movement and potentially the mixing of precursors of some of these chemical weapons on site. there is concern about what could be happening and whether what they could be preparing. host: off of twitter.

. and i hope that beginning now when people hear fair share, they'll think abouter a flat tax. steve forbes has been talking about it for years. rand paul had an article out a year or so ago, flat tax. my friend, mike burgess, has a proposal. many of us have proposals. mine is, look, you talk about want warren buffett to pay what his secretary does, yet you haven't made one proposal that will bring warren buffett to pay what his secretary does. that's crazy. that's why we shouldn't eliminate the word lunatic. it really has application around this town. so if you want to have -- and warren buffett ought to take heed, you run around telling people, yeah, rich people should pay more taxes, well, he's not. he's not going to pay more. not on any of the proposals that the president has run around endorsing. well, how about a flat tax that says 15% capital gains tax, what warren buffett pay, 15% for his secretary, 15% gift tax. let's just go 15% across the board. 15% corporate tax. and the irony is that the economy would so explode, so many more people would be employed, so many more people

of chicago economist steve davis and co-authors, where they have this cool new index. it is a very innovative paper. they estimated that debt limit struggle subtracted about 1.5% from g.d.p. growth during that summer when it was happening because of the uncertainty and the inactivity caused by high levels of uncertainty. eve time we go through there, we bear a negative short-run cost. but if that is what it takes to get spending under control, then we have to concede that in the long run there is a benefit that we don't have these massive deficits crowding out long-term growth. the struggle would depending on whether debt reduction buys space for private capital or not. we may have higher economic growth in the long-run because we went through that struggle. >> so your position is we should be ready to go through that struggle again and in fact default on the national debt if necessary in order to enforce spending limits? >> that is of course not my position. my position is we should never default on the national debt. the politics of debt reduction as you all know better than me are very, ve

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